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Looking for an offset sub-account?

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Smart Booster Home Loan
  • 3.60%
    discount var rate p.a.~
  • 3.96%
    comparison rate p.a.*
SPECIAL OFFER

Offset sub-account for homeowners

Enjoy the flexibility to redraw from your offset account. Get a Visa debit card to access your cash from an ATM or EFTPOS machine.

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Smart Booster Investor Bundle
  • 3.74%
    discount var rate p.a.+
  • 4.46%
    comparison rate p.a.*
SPECIAL OFFER

Offset sub-account for investors

Make the most of your offset sub-account with the flexibility of redrawing those funds at any time and fully maximise the benefits of your investment loan.

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What is an offset sub-account?

By adding an offset sub-account to your loan, you’ll pay it off faster and with less interest, plus with Visa debit card access to your loan.

  No ongoing or monthly fees
  Online, ATM and Visa debit card access to your money
  Pay less interest on your loan!

Whenever you put money into your offset sub-account, that money is 100% “offset” against your home loan, with Visa debit card access. So, if you had a home loan of $350,000 and $5,000 in your offset sub-account, you only pay interest on the $345,000.

You can even maximise the "offset effect" by arranging for your salary to be paid into your offset sub-account. In this way your money is immediately put to work for you, saving interest!

Variable rates

Our owner occupied variable rates

Product Name

LVR

Principal & Interest Rate p.a.

Interest Only Rate p.a.

Up to 80%

3.60%
3.96% comp rate*

-

Up to 80%

4.23%
4.25% comp rate*

4.54%
4.56% comp rate*

Up to 80%

4.48%
4.50% comp rate*

-

Owner Occupier
Principal & Interest

80% MAX LVR
Smart
Booster
3.60%
3.96%

Var rate p.a

Comp rate p.a

Smart
Home Loans
4.23%
4.25%

Var rate p.a

Comp rate p.a

Zip
Home Loan
4.48%
4.50%

Var rate p.a

Comp rate p.a

Interest Only

80% MAX LVR
Smart
Home Loan
4.54%
4.56%

Var rate p.a

Comp rate p.a

Our investor variable rates

Product Name

LVR

Principal & Interest Rate p.a.

Interest Only Rate p.a.

Up to 80%

3.74%
4.46% comp rate*

3.74%
4.46% comp rate*

Up to 80%

4.49%
4.51% comp rate*

4.74%
4.76% comp rate*

Investor
Principal & Interest

80% MAX LVR
Smart
Booster
Investor
Bundle
3.74%
4.46%

Var rate p.a

Comp rate p.a

Smart
Investor
4.49%
4.51%

Var rate p.a

Comp rate p.a

Interest Only

80% MAX LVR
Smart
Booster
Investor
Bundle
3.74%
4.46%

Var rate p.a

Comp rate p.a

Smart
Investor
4.74%
4.76%

Var rate p.a

Comp rate p.a

Find your next home loan

For 10 years, we've been helping Aussies into their dream homes and saving them thousands. Find the right loan for you today so you can start saving too.

Want to see more home loan options? Compare our home loans

Get started

Apply online or speak to one of our Australian based loan specialists who will take care of all the paperwork for you. Applying is easy and we can settle your loan quickly so you start saving sooner. With loans.com.au you can have confidence in dealing with Australia's largest non-bank lender.

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How much can I borrow?

It takes less than 3 minutes to calculate your borrowing power!

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Ready to apply or want pre-approval?

Give us a call on 13 10 90 or start an online application.

Benefits of opting for an offset

No ongoing or monthly fees

Once you opt for the offset sub-account for an additional 0.10% to your loan, you’ll pay no ongoing, monthly or annual fees.

Access your money easily!

You can access your money in your offset sub-account online, at the ATM and or via your Visa debit card.

Pay less interest on your loan!

When your funds move from your loan account to your offset sub-account, it is 'offset' against the balance of your home loan. This means you only pay interest on the difference between the loan amount and the amount in your redraw offset facility. This means you pay off the loan faster and with less interest.

Offset sub-account features

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100% offset

When your funds move from your loan account into your offset sub-account^, that balance is 100% against the balance of your home loan, so you are paying less in interest!

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Visa debit card

Get a Visa debit card with your offset sub-account.

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ATM / EFTPOS

You can also access the funds in your offset sub-account via an ATM or pay via EFTPOS.

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Redraw

Have the flexibility to redraw from your offset sub-account.

Offset account

One question we get asked all the time is “what is an offset sub-account and how can I benefit from using it?

Offset account

Reducing the length of your home loan can reduce the amount of interest, saving you thousands. But is it better to reduce your mortgage repayments by making additional repayments or leaving the money in an offset sub-account?

Offset account

This feature allows to you offset any cash funds you hold, including your salary, against your loan balance and save on interest.

Offset account

An offset sub-account is a great feature for borrowers and can help you save time and money off your mortgage. Find out if an offset sub-account is right for you.

Offset account

Already chosen a home loan with the lowest rate? We can still help you save even more money and supercharge your savings by using the ‘Offset Effect’.

Offset account

Want to reduce the interest charged on your home loan and save thousands of dollars? Having an offset facility is probably the best way to do so.